FTX and Alameda Research face lawsuit alleging USDT scheme. Deltec Bank accused of aiding fund misappropriation. Founder Sam Bankman-Fried convicted of fraud. Legal disputes with Binance, SEC, and CFTC continue. Industry awaits regulatory clarity amidst ongoing legal battles.
Huang BoJP Morgan criticizes Tether's market control, citing risks; Tether CEO defends, emphasizing regulatory cooperation and industry significance.
BrianPreviously, the company had frozen wallets linked to terrorism and warfare in Ukraine and Israel
AlexIn a recent blog post on 30 November, stablecoin issuer Circle, associated with USD Coin, denied accusations of illicit financing and ties to Justin Sun by the Campaign for Accountability.
BrianArdiono replaces former CEO Jean-Louis van der Velde, who will transition into an advisory role at Tether.
AlexThe American multinational fast food chain McDonald's has started accepting payments in Bitcoin and Tether in Switzerland's city of Lugana.
BitcoinistWith a peso-backed stablecoin, Tether is essentially “recreating the foreign exchange market with a Tether product,” Ardoino said.
CointelegraphThrough a peso-backed stablecoin, Tether is basically “recreating forex markets with Tether products,” Ardoino said.
CointelegraphTether has yet to issue a statement explaining exactly why it blacklisted the three addresses, but it has done so before to comply with law enforcement and to assist the exchange after a cyberattack.
CointelegraphPaolo Ardoino, chief technology officer, of Tether and Bitfinex, explains why USDT will retain its dominance in an increasingly competitive stablecoin market.
Cointelegraph